Aspen Power back on-line with smaller staff - KTRE.com | Lufkin and Nacogdoches, Texas

Aspen Power back on-line with smaller staff

LUFKIN, TX (KTRE) -

Thirty-four of the original 52 employees were on-hand today as Aspen Power re-opened after more than 3 months of sitting idle.

The 50-megawatt plant generates power from wastewood and sells electricity to the state power grid.

Low power prices caused the plant to shut its doors in february.

With a smaller staff, plant President Danny Vines says the company can help make up the money lost during inoperation.

"We feel like the prices between now and the end of summer will help generate a substantial net revenue for the company and should put us on very positive footing," Vines said.

Vines says as prices increase, the plant will continue to increase it's generation capacity.

He also says he still feels the plant is a benefit to the local economy.

Copyright 2012 KTRE. All rights reserved.

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